Dow Today: Intel (INTC) Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 19.0 points (-0.1%) at 16,679 as of Friday, May 30, 2014, 10:36 a.m. ET. During this time, 53.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 361.8 million. The NYSE advances/declines ratio sits at 1,307 issues advancing vs. 1,525 declining with 196 unchanged.
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The Dow component leading the way higher looks to be Intel (Nasdaq: INTC), which is sporting a 28-cent gain (+1.1%) bringing the stock to $27.25. Volume for Intel currently sits at 8.8 million shares traded vs. an average daily trading volume of 28.7 million shares.

Intel has a market cap of $133.81 billion and is part of the technology sector and electronics industry. Shares are up 3.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 3.4%.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments.

TheStreet Ratings rates Intel as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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